Coinbase is delaying direct listing after being fined $ 6.5 million

Coinbase is delaying direct listing after being fined $ 6.5 million

After the indictment of improperly reporting volume and “self-trading” with the CFTC was settled yesterday, it was reported that cryptocurrency exchange giant Coinbase will postpone its listing until next month. The company should go public in March.

Yesterday, March 19, the Commodity Futures Trading Commission announced an agreement with Coinbase over fees that the company misreported trading data and that an employee “traded” to create the illusion of volume and demand.

Delayed direct listing

Read on on Coin Telegraph

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